Saturday 29 December 2012

Burmese Democracy Icon’s Sweater Sells for $49,000

A sweater hand-knit by democracy icon Aung San Suu Kyi sold for $49,000 Thursday night at a fundraising auction in Burma’s commercial capital Rangoon.
The red, green and blue V-neck, whose initial bidding price was $6,000,was sold at an event organized by Suu Kyi’s National League for Democracy party. A Burmese radio station won the bidding war for the sweater, the Associated Press reported.
(PHOTOS: Aung San Suu Kyi’s Path to Victory, by James Nachtwey)
Forty-nine thousand dollars is a lot of money in one of the poorest countries in Southeast Asia; it’s equivalent to about 23 years of income for a local taxi driver (although he probably wouldn’t need the sweater in a city where temperatures rarely drop below 70 degrees Fahrenheit). The money will be used to pay for the education of children in need, the organizers said.